Fortress Investment Group Co Founder Wes Edens

Wes Edens is a well known entrepreneur in the financial services industry. He co founded a firm known as Fortress Investment Group. Today, he currently serves as the chairman as well as being a member of its Board of Directors. Before he got involved in entrepreneurship, Edens worked for a number of other firms in the industry. This gave him valuable experience which allowed him to get a firm grasp of how large investment firms are managed. Along with being a successful entrepreneur in the finance industry, Wes Edens is also involved in philanthropy. He is also the owner of a professional basket basketball team as well.

Before Wes Edens began his career, he attended college to study business. He went to Oregon State University where he would earn a bachelor’s degree in business administration. This gave him the fundamental knowledge of business as well as a basic credential to gain employment at investment firms. He would go on to use this degree to help propel his career in the financial services industry.

At the beginning of his career, Wes Edens worked at a number of investment firms where he would gain experience in analysis, management and client relations. One of the firms he worked at prior to becoming the co founder of his firm is Lehman Brothers. At this firm, he was able to advance his career in the industry. This experience would later lead to other opportunities such as working at Blackrock Financial. When he was at this firm, Wes continued to get valuable experience in managing investment options as well as providing clients with helpful advice.

In 1998, Wes Edens collaborated with two other individuals to start up Fortress Investment Group. He would look to develop a financial services firm that offered comprehensive asset management that included private equity, hedge funds and real estate. Over the course of the next two decades, the firm would grow and expand to multiple locations worldwide. The firm currently has office locations throughout the United States and in other regions such as Europe and Asia. Today, Fortress Investment Group is one of the top asset management firms in the world. Billionaire Sawiris, Edens to Buy Aston Villa Soccer Club

Wes Edens: A Master of Cutting-edge Alternate-asset Investment Vehicles

When Fortress Investment Group made history in 2007 as the first private equity firm or hedge fund to list its shares on a major stock exchange through an initial public offering, it was a testament to the excellent management and visionary leadership of its founders and senior management team. Founded in 1998 by a group of vastly experienced investment specialists including Wes Edens, Fortress Investment Group has carved out a reputation as an investment fortress with its unique curated alternative assets investment vehicles. The company’s service portfolio, under the leadership of its principals, has expanded beyond capital markets to include asset-based investment. The company also offers mergers and acquisitions services for corporations as well as corporate due diligence.

Fortress Investment Group’s trendsetting reputation has seen its asset base expanded manifolds. The company currently boasts of $43 billion-worth of managed assets, up from $400 million at its inception. Its fact-based approach to investment is driven by a vastly experienced team of experts with excellent know-how of various sectors. The employees including Wes Edens who serves as one of the company’s principals are dedicated to creating long-term cash flows to the company’s clients. Under the expert leadership of Wes Edens and his co-principals, Fortress Investment Group has continued to expand its operations through the establishment of various subsidiaries, funding rounds and strategic acquisitions such as Intrawest, RailAmerica and Penn National Gaming.

The inroads that Fortress Investment Group has made in the global investment landscape are reflective of Wes Edens’ own success story as a specialist in alternate-asset investment vehicles. Like the company he played a fundamental role in founding and successfully building its reputation, Mr. Edens has a knack for diversifying his investment vehicles by venturing into alternative investment vehicles. He recently partnered with billionaire businessman Nassef Sawiris to purchase a controlling stake in Aston Villa; an English football team owned by Tony Xia. The multibillion-dollar deal is estimated to give the two businessmen a 55 percent controlling stake at the club. It is believed that the two investors are planning to increase their stake at the club in future with the view of taking full ownership of the financially beleaguered club.

Madison Capital- Winner of the 11th Annual Turn-Around Awards

On January 27th 2017, the M&A Advisor declared the winners of the 11th Annual Turnaround Awards. The awards are set to be held at a Black Tie Gala at the Colony Hotel in Palm Beach on the 23rd of March, 2017. Madison Street Capital won under the category of the Restructuring Deal of the Year. Madison Street Capital was among more than 300 companies that were competing for the award. According to David Fergusson, the president and Co-CEO of M&A Advisor, Madison Street Capital was the best in the reorganization and distressed investing industry in 2016.

 

 

Madison Street Capital’s Response

 

 

Responding to the award, the CEO of Madison Street Capital, Charles Botchway, remarked that the company was honored to be granted the award. He reiterated that his firm was comprised of dedicated employees with industry expertise, and a high commitment to delivering efficient solutions to all their clients.

 

 

The Distressed Investing Summit

 

 

The Award Gala is part of the 2017 Distressed Investing Summit that will be held between March 22nd and 23rd. The Summit will comprise 200 leading professionals from the industry. These professionals will participate in interactive forums, and will be led by restructuring industry bigwigs and Bloomberg media gurus. The opening reception will be hosted at the Mar-A-Lago Club while the award celebrations, symposium, and closing party will be held at the Colony Hotel at Palm Beach.

 

 

About Madison Street Capital

 

 

Madison Street Capital is an investment banking institution dedicated to excellence, integrity, service, and leadership in delivering financial advisory services, financial opinions, merger and acquisition advice, and valuation services. These services are meant to help consumers succeed internationally. When Madison Street Capital takes over a project, the objectives and goals of the client become theirs. The company sees emerging markets as the driving force for global growth, and directs significant assets towards these markets.

 

 

Madison Street Capital is dedicated in building formidable enterprises in communities across America. Apart from offering financial solutions to clients, Madison Street Capital reputation includes its contribution to philanthropic activities. One of the charity organizations backed by Madison Street Capital is the United Way. Situated in Alexandria (Virginia), the United Way is made up of a national network comprising of committed partners who are focused on mobilizing communities, and improving lives. United Way aims at identifying community issues and resolving them. United Way is also dedicated to effecting changes in communities by partnering with government agencies, schools, financial institutions, businesses, and voluntary organizations.

 

For more details, visit http://madisonstreetcapital.org/.

 

 

 

Categories: Investment Banking

Research Company Pained by Laidlaw Breach

Relmada Therapeutics has recently received an a temporary restraining order and injunction in Nevada courts, against Laidlaw & Company, Ltd for their dissemination of false and misleading proxy materials. In 2011, Relmada appointed Laidlaw as their primary investment banker. Laidlaw also served as the financial adviser during merger discussions. However,in the summer of 2015, Laidlaw failed their client during a time of positive growth.

U.S. Federal Court Issues Temporary Restraining Order Against Laidlaw & Company And Its Principals Matthew Eitner And James Ahern

Relmada Therapeutics is not allowing the pain caused by Laidlaws failures to dim the future of the company. Recently, a letter was issued to their stock holders that stated:
“Relmada benefits from a pipeline that is strong, robust and delivering results. As evidence of our success,…” In addition to addressing the Laidlaw debacle the company geared focus to the positive movement they are currently making relating to pain management research and developments. The company also took pride in their enlistment of James Dolan to their advisory team.

While the fight is not over in Nevada, it seems Laidlaw & Company has a history of failures. Laidlaw Broker Leonard V. Gallick, Jr. has a history of complaints resulting in clients recovering damages for various fraudulent actions. Managing Partner James Ahern, has had woes of his own. Although Matthew Eitner‘s profile on the company website lists his experience with niche company Casimir Capita- a quick online search has shown he has loss cases involving breach of contract; failure to train and supervise; breach of fiduciary duty; violation of duty to deal fairly and in good faith; actual and constrictive fraud; and violation of the state securities acts.

The United States is working towards a bright future, since the recession of 2008. In order for our country to flourish one thing we need to do is hold those working in the financial securities sector accountable. It is important to me that we set high standards to prevent the financial devastation we are overcoming, from ever happening again. In my opinion, to do that we need to restrict the operation of companies like Laidlaw from participating in financial activities.

Categories: Investment Banking